$BLNC
Balance Labs, Inc.

2021 Q4 Form 10-K Financial Statement

#000149315222008548 Filed on March 31, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2020 Q4 2020
Revenue $424.6K $1.000M $1.000M
YoY Change -57.54% 29930.03%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $109.4K $89.75K $387.5K
YoY Change 21.88% -14.59% -30.96%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $40.00 $160.00
YoY Change -100.0% 0.0% -83.16%
% of Gross Profit
Operating Expenses $109.4K $89.75K $387.5K
YoY Change 21.88% -14.59% -30.96%
Operating Profit
YoY Change
Interest Expense -$3.877M -$54.43K -$261.9K
YoY Change 7022.43% -60.21% -21.12%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$3.562M $855.8K $350.7K
YoY Change -516.16% -453.86% -139.4%
Income Tax
% Of Pretax Income
Net Earnings -$3.562M $857.6K $357.8K
YoY Change -515.29% -459.69% -140.46%
Net Earnings / Revenue -838.82% 85.76% 35.78%
Basic Earnings Per Share
Diluted Earnings Per Share -$164.3K $39.57K $16.51K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $777.6K $5.630K $5.630K
YoY Change 13711.99% -38.67% -38.67%
Cash & Equivalents $227.6K $5.632K $5.630K
Short-Term Investments $550.1K
Other Short-Term Assets $0.00 $25.00K $25.00K
YoY Change -100.0% -14.76% -14.76%
Inventory
Prepaid Expenses
Receivables $22.50K
Other Receivables $175.6K
Total Short-Term Assets $425.7K $30.63K $30.63K
YoY Change 1289.76% -20.46% -20.46%
LONG-TERM ASSETS
Property, Plant & Equipment $1.420K $1.420K
YoY Change -10.13% -10.13%
Goodwill
YoY Change
Intangibles $0.00
YoY Change
Long-Term Investments $18.81K $1.216M
YoY Change 586.72%
Other Assets $588.9K
YoY Change
Total Long-Term Assets $588.9K $1.240M $1.240M
YoY Change -52.5% 523.27% 523.27%
TOTAL ASSETS
Total Short-Term Assets $425.7K $30.63K $30.63K
Total Long-Term Assets $588.9K $1.240M $1.240M
Total Assets $1.015M $1.270M $1.270M
YoY Change -20.14% 435.08% 435.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $851.7K $731.7K $731.7K
YoY Change 16.4% 19.62% 19.62%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.699M $1.425M $1.425M
YoY Change 19.19% -0.09% 18.19%
Long-Term Debt Due $276.6K $226.9K $226.9K
YoY Change 21.94% 2.81%
Total Short-Term Liabilities $3.939M $3.388M $3.388M
YoY Change 16.27% 24.12% 24.12%
LONG-TERM LIABILITIES
Long-Term Debt $468.8K $470.1K $470.1K
YoY Change -0.28% 5.37% 5.37%
Other Long-Term Liabilities $0.00 $0.00
YoY Change
Total Long-Term Liabilities $468.8K $470.1K $470.1K
YoY Change -0.28% 5.37% 5.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.939M $3.388M $3.388M
Total Long-Term Liabilities $468.8K $470.1K $470.1K
Total Liabilities $4.408M $3.804M $3.804M
YoY Change 15.87% 21.58% 21.58%
SHAREHOLDERS EQUITY
Retained Earnings -$4.205M
YoY Change
Common Stock $2.167K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.393M -$2.533M -$2.533M
YoY Change
Total Liabilities & Shareholders Equity $1.015M $1.270M $1.270M
YoY Change -20.14% 435.08% 435.08%

Cashflow Statement

Concept 2021 Q4 2020 Q4 2020
OPERATING ACTIVITIES
Net Income -$3.562M $857.6K $357.8K
YoY Change -515.29% -459.69% -140.46%
Depreciation, Depletion And Amortization $0.00 $40.00 $160.00
YoY Change -100.0% 0.0% -83.16%
Cash From Operating Activities -$2.910K -$44.24K -$218.0K
YoY Change -93.42% -43.2% -40.37%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities -$16.86K $0.00 -$17.50K
YoY Change -100.0% 0.0%
Cash From Investing Activities -$16.86K $0.00 -$17.50K
YoY Change -100.0% -75.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.00K 44.50K 232.0K
YoY Change -43.82% -62.45% -44.45%
NET CHANGE
Cash From Operating Activities -2.910K -44.24K -218.0K
Cash From Investing Activities -16.86K 0.000 -17.50K
Cash From Financing Activities 25.00K 44.50K 232.0K
Net Change In Cash 5.230K 260.0 -3.550K
YoY Change 1911.54% -94.91% -80.32%
FREE CASH FLOW
Cash From Operating Activities -$2.910K -$44.24K -$218.0K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$2.910K -$44.24K -$218.0K
YoY Change -93.42% -26.13% -30.38%

Facts In Submission

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CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2021 BLNC Payments To Related Party
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CY2020 BLNC Proceeds From Issuance Of Convertible Note Payable Related Party Net
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CY2021 us-gaap Interest Paid Net
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CY2020 us-gaap Income Taxes Paid Net
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CY2020 BLNC Investment At Fair Value Received From Issuance Of Note Receivable
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CY2021Q4 BLNC Equity In Joint Venture
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CY2021Q4 BLNC Equity Method Investment Summarized Financial Information Assets1
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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Files In Submission

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0001493152-22-008548.txt Edgar Link pending
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